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Interventional Radiology Products Market worth $17.32 billion by 2030, growing at a CAGR of 6.14% - Exclusive Report by 360iResearch
Interventional Radiology Products Market | 360iResearch
The Global Interventional Radiology Products Market to grow from USD 11.40 billion in 2023 to USD 17.32 billion by 2030, at a CAGR of 6.14%.
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Interventional radiology products define a range of medical devices and supplies used in interventional radiology (IR), a subspecialty of radiology, performing minimally invasive procedures with image guidance. These products include catheters, guidewires, balloons, stents, thrombectomy devices, and other accessories used for diagnostic and therapeutic procedures aimed at treating conditions such as vascular diseases, cancer, and organ malfunctions. The need for interventional radiology products is primarily driven by the preference for minimally invasive procedures that offer shorter recovery times and lower risk of complications compared to open surgeries. Advances in imaging technologies, an aging global population with the prevalence of chronic diseases, and the rising incidence of cardiovascular diseases are significant factors fueling the need for interventional radiology products in the healthcare sector. However, stringent regulatory policies delaying product approvals, the need for high initial investment and maintenance costs for imaging equipment, and a shortage of skilled radiologists pose challenges that impede the adoption of interventional radiology products. Moreover, concerns about radiation exposure and improving the reimbursement scenario for interventional procedures pose some difficulties. Furthermore, the market has substantial opportunities for growth. Technological innovations, such as robotics and 3D imaging, increasing healthcare expenditure in emerging economies, and the rising adoption of ambulatory surgical centers provide fertile ground for expanding interventional radiology products.
Market Segmentation & Coverage:
This research report categorizes the Interventional Radiology Products Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Accessories, Biopsy Needles, Catheters, Embolization Devices, Inferior Vena Cava (IVC) Filters, and Stents. The Inferior Vena Cava (IVC) Filters is projected to witness significant market share during forecast period.
Based on Procedure Type, market is studied across Angiography, Angioplasty, Embolization, and Thrombolysis. The Angioplasty is projected to witness significant market share during forecast period.
Based on End Use, market is studied across Clinics and Hospital. The Hospital is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Interventional Radiology Products Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Interventional Radiology Products Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Interventional Radiology Products Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, B. Braun Melsungen AG, Balton Sp. Z O.O., Becton, Dickinson And Company, Biosensors International Group, Ltd., Biotronik Se & Co. Kg, Boston Scientific Corporation, Cardinal Health, Comed B.V., Cook Medical, Endocor GmBH, Ivascular S.L.U., Medtronic PLC, Meril Life Sciences Pvt. Ltd., and Rontis Corporation.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Interventional Radiology Products Market, by Type
7. Interventional Radiology Products Market, by Procedure Type
8. Interventional Radiology Products Market, by End Use
9. Americas Interventional Radiology Products Market
10. Asia-Pacific Interventional Radiology Products Market
11. Europe, Middle East & Africa Interventional Radiology Products Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Interventional Radiology Products Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Interventional Radiology Products Market?
3. What is the competitive strategic window for opportunities in the Interventional Radiology Products Market?
4. What are the technology trends and regulatory frameworks in the Interventional Radiology Products Market?
5. What is the market share of the leading vendors in the Interventional Radiology Products Market?
6. What modes and strategic moves are considered suitable for entering the Interventional Radiology Products Market?
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